123 Lambert Street, Ararat VIC 3377

Put on the tool belt & fulfill the renovation dream you always wanted! An exciting opportunity for renovators, builders, or savvy developers to bring this home back to life. The home has good bones and requires mainly cosmetic work internally such as paint, floor coverings & window furnishings, to really embrace renovation life a new kitchen & bathroom would be a great investment. The house itself features 4 bedrooms, 1 bathroom with separate toilet & large kitchen/dining area and large family area. Externally really is a blank canvas with a large 2218m2 (approx.) allotment providing an amazing opportunity to build the dream shed you always wanted or alternatively capitalize and the approved 5 Lot townhouse development, whether you're looking to renovate or develop here is your chance to reap the rewards.

Approved 5 Townhouse Planning Permit
Discover the potential of this meticulously planned development, featuring approved town planning permits for five townhouses. Strategically situated in a coveted locale, this property offers an exceptional opportunity for developers and investors.
This development boasts versatile configurations to cater to diverse preferences. All five townhouses offer two bedrooms, the large master bedroom features an ensuite and combination of WIRs & BIRs, townhouse 1,2 & 5 also offer a second living area that could convert to another bedroom. The thoughtful design & footprint of each of each townhouse is exceptional, garage facilities include room a vehicle as well as storage.
Positioned in a highly desirable location, residents will enjoy proximity to essential amenities. Situated a short drive to Ararat CBD, convenience is at your doorstep. Richardson Oval & Chalambar Golf Club further enhances the location.
With a generous land area spanning 2218m2, there's ample space for contemporary living arrangements and outdoor amenities. The approved town planning permit, secured on 27th May 2024, presents an immediate development opportunity. Capitalize on the burgeoning demand for quality housing in the area and unlock the potential for significant returns on investment.
Developers please note the vendor may consider a joint venture.